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 for the foregoing ourvoses, and (2) Pn equitable bpsis upon
 which the funds necessary to surport such budget shall be
 contributed by meimberE of the industry:

 (c) After such budget Pnd basis of contribution hpve been an-
 proved by the Administrator, to determine and obtPin equitable
 contribution as above set forth by pll members of the industry,
 and to that end, if necessary, to institute legal proceedings
 therefore in its o,.-',n name.

 2. Each member of the industry shell pay his or its euitpble
contribution to the expenses of the maintenance of the Code Authority,
determined as-hereinabove provided, and subject to.rales an6 regulations.
pertaining thereto issued by the Admi-istrator. Only members of the in-
dustry complying -rith the code end contributing to the expenses of its
administration as nereinabove provides, hall be entitled to oarticippte:
in the selection ot me.,oers of the Code Autihority or to receive the beni1
fits of any of its voluntary activities or to make use of any emblem
or insinip of the Pational Recovery A6 Ministrvtion.

 3. The Code Authority shall neither incur nor pay pny ooligp-
tion in excess of the amount thereof as estimatedd in its approved budget
except upon approval of the- A;iniristr'-tor; tn6 no subsequent bud?'et shal
contain any deficiency item for exipencitures in excess of prior oudget
estimates except those whichh the Administrator shpll have so approved."




 SCHEDULE "3B"

 BUDGET

Code Authority: Ladies' 'andbpg Industry
Address: 303 Fifth Avenue, Ne" York, N.Y.
Budgetary Period: From ilarch 26, 1934 to arch 2o, 1935 (12 Montls)
effective Date of Code: iLprch 26, 1934.

BASIS OF ASSESSI.E"''T FOP. r'ISCAL YLAi-. i.iknCH 26, 1934 TO ,i.CH 26, 1935.

 The Basis of assessment for the authorized expenses of the Code
Authority in this Industry shall be .:ne-third (1/3) of one (1) percent
of the dollar sales volume. The estimated total yearly dollar sales
volume in this Industry is $50,000,0O0.00. One-third (1/3) of one (1)
percent of this amount is $166,666.0C. It rill be noted that this
budget calls for a total exuenaiture of $133,540.00 for the first fiscal
year. Attention is called to the fact that tne budget is estimated on
a basis of ninety (90) percent of the total estimated dollar sales
volume to guard against possible inaccuracies in the esti.ante. Should
the actual income of the Code Authority on the above basis exceed the
authorized expenditures, and all suci excess funds will be refunded
proportionately to the members of the Industry at the end of each month,


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